Shyam Dhani Industries IPO
Shyam Dhani Industries IPO
Overview
Shyam Dhani Industries IPO is a book build issue of ₹38.49 crores. The issue is entirely a fresh issue of 0.55 crore shares of ₹38.49 crore. Shyam Dhani Industries IPO opens for subscription on Dec 22, 2025 and closes on Dec 24, 2025. The allotment for the Shyam Dhani Industries IPO is expected to be finalized on Dec 26, 2025. Shyam Dhani Industries IPO will list on NSE SME with a tentative listing date fixed as Dec 30, 2025. Shyam Dhani Industries IPO price band is set at ₹65.00 to ₹70.00 per share . The lot size for an application is 2,000. The minimum amount of investment required by an individual investor (retail) is ₹2,80,000.00 (4,000 shares) (based on upper price). The minimum lot size investment for HNI is 3 lots (6,000 shares), amounting to ₹4,20,000. Holani Consultants Pvt.Ltd. is the book running lead manager and Bigshare Services Pvt.Ltd. is the registrar of the issue. The Market Maker of the company is Holani Consultants Pvt.Ltd..
Total Shares
54,98,000
Issue Size
₹38.49 Cr
Price Band
₹65 – ₹70
Lot Size
2000 shares
Min. Investment
₹2,80,000
Max. Investment
₹2,80,000
Open Date
22 Dec, 2025
Close Date
24 Dec, 2025
Allotment
26 Dec, 2025
Listing
30 Dec, 2025
Max. Investment
₹2,80,000
Announced
22 Dec, 2025
Opening Date
22 Dec, 2025
Closing Date
24 Dec, 2025
Basis of Allotment
26 Dec, 2025
Initiation of Refunds
29 Dec, 2025
Credit of Shares
29 Dec, 2025
Listing Date
30 Dec, 2025
Live GMP
Est. Listing: ₹140
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About Shyam Dhani Industries IPO
Incorporated in 1995, Shyam Dhani Industries Limited is an ISO-certified company and manufacturer, exporter, wholesaler, and supplier of Premium Spices, Spices Powder, Whole Spices, etc.
They trade and distribute Grocery Products like Black Salt, Rock Salt, Rice, Poha, Kasuri Methi, and a variety of Herbs and seasonings, including Organo, Peri Peri, Chilli Flakes, Mixed Herbs, Onion Flakes, and Tomato Powder.
The company processes 163 varieties of spices, including Ground, Blend,
Shyam Dhani Industries IPO Share Price
Issue Breakdown
Shareholding
Dilution: 37.0% increase in shares
Shyam Dhani Industries IPO Financial Health
Shyam Dhani Industries Ltd.'s revenue increased by 16% and profit after tax (PAT) rose by 28% between the financial year ending with March 31, 2025 and March 31, 2024.
Shyam Dhani Industries IPO Lot Size
Investors can bid for a minimum of 4,000 shares and in multiples of 2,000 shares thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 2 | 4000 | ₹2,80,000 |
| Individual investors (Retail) (Max) | 2 | 4000 | ₹2,80,000 |
| S-HNI (Min) | 3 | 6000 | ₹4,20,000 |
| S-HNI (Max) | 7 | 14000 | ₹9,80,000 |
| B-HNI (Min) | 8 | 16000 | ₹11,20,000 |
(All values in CR)
Shyam Dhani Industries IPO Valuations
KPI as of Mon, Mar 31, 2025.
| Metric | Value |
|---|---|
| ROE | 41.06 |
| ROCE | 39.00 |
| Debt/Equity | 2.00 |
| RoNW | 34.07 |
| PAT Margin | 6.45 |
| EBITDA Margin | 11.65 |
| Price to Book Value | 4.41 |
(All values in CR)
Shyam Dhani Industries IPO Strength & Risk
Shyam Dhani Industries IPO Strength:
Operates in the agro-processing segment with a focus on value-added food products
Product portfolio aligned with rising demand for packaged and processed food items
Established sourcing network for agricultural raw materials
Experience in handling bulk processing and supply chain operations
Presence in domestic markets with growing distribution reach
Promoter experience in the agri and food processing industry
Scope for margin improvement through scale and operational efficiency
Shyam Dhani Industries IPO Risk:
High dependence on agricultural raw materials exposed to seasonal and price volatility
Margins sensitive to fluctuations in commodity prices and input costs
Operates in a highly competitive food processing sector with unorganised players
Working capital–intensive business model may impact cash flows
Limited product diversification compared to larger peers
SME IPO structure may result in lower liquidity post-listing
Business performance closely linked to consumer demand trends and economic conditions
Shyam Dhani Industries IPO Subscriptions Status
Shyam Dhani Industries IPO subscribed 988.27 times. The public issue subscribed 1,137.88 times in the individual investors category, 256.24 times in QIB (Ex Anchor), and 1,612.65 times in the NII category by December 24, 2025 4:59:59 PM (Day 3).
| Investor Category | Subscription (times) | Shares Offered | Shares bid for | Total Amount (Rs Cr.) |
|---|---|---|---|---|
| Anchor Investors | 1.00 | 15,60,000 | 15,60,000 | 10.92 |
| Market Maker | 1.00 | 2,80,000 | 2,80,000 | 1.96 |
| QIB (Ex Anchor) | 256.24 | 10,44,000 | 26,75,16,000 | 1 |
| Non-Institutional Buyers | 1.00 | 7,86,000 | 1,26,75,44,000 | 8 |
| bNII (bids above ₹10L) | 1.00 | 5,24,000 | 96,91,70,000 | 6 |
| sNII (bids below ₹10L) | 1.00 | 2,62,000 | 29,83,74,000 | 2 |
| Individual Investors | 1.00 | 18,28,000 | 2,08,00,48,000 | 14 |
| Total | 988.27 | 36,58,000 | 3,61,51,08,000 | 25 |
Shyam Dhani Industries IPO GMP
Shyam Dhani Industries SME IPO last GMP is ₹70, last updated Dec 24th 2025 04:28 PM. With the price band of 70.00, Shyam Dhani Industries SME IPO's estimated listing price is ₹140 (cap price + today's GMP).The expected percentage gain/loss per share is 100.00%. >> Shyam Dhani Industries SME IPO Retail Subject to Sauda: ₹106400 The lowest GMP is ₹0.00, while the highest GMP is ₹70.00.
Last updated 24 Dec, 2025 · Source: aggregated grey-market dealers
| Date | IPO Price | GMP | Sub2 Sauda | Est. Listing | Est. Profit | Updated |
|---|---|---|---|---|---|---|
| 24 Dec, 2025 | 70 | ₹70▲ | 106400 | ₹140 (100.00%) | 140000 | 24 Dec, 2025 |
| 23 Dec, 2025 | 70 | ₹62▲ | 94200 | ₹132 (88.57%) | 124000 | 23 Dec, 2025 |
| 22 Dec, 2025 | 70 | ₹50▲ | 76000 | ₹120 (71.43%) | 100000 | 22 Dec, 2025 |
| 21 Dec, 2025 | 70 | ₹47 | 71400 | ₹117 (67.14%) | 94000 | 21 Dec, 2025 |
| 20 Dec, 2025 | 70 | ₹47▲ | 71400 | ₹117 (67.14%) | 94000 | 20 Dec, 2025 |
| 19 Dec, 2025 | 70 | ₹42▲ | 63800 | ₹112 (60.00%) | 84000 | 19 Dec, 2025 |
| 18 Dec, 2025 | 70 | ₹40▲ | 60800 | ₹110 (57.14%) | 80000 | 18 Dec, 2025 |
| 17 Dec, 2025 | 70 | ₹31▲ | 47100 | ₹101 (44.29%) | 62000 | 17 Dec, 2025 |
| 16 Dec, 2025 | 70 | ₹27▲ | 41000 | ₹97 (38.57%) | 54000 | 16 Dec, 2025 |
| 15 Dec, 2025 | 70 | ₹21 | 31900 | ₹91 (30.00%) | 42000 | 15 Dec, 2025 |
| 14 Dec, 2025 | 70 | ₹21 | 31900 | ₹91 (30.00%) | 42000 | 14 Dec, 2025 |
| 13 Dec, 2025 | 70 | ₹21▲ | 31900 | ₹91 (30.00%) | 42000 | 13 Dec, 2025 |
| 12 Dec, 2025 | 70 | ₹0 | - | ₹70 (0.00%) | - | 12 Dec, 2025 |
| 11 Dec, 2025 | 70 | ₹0 | - | ₹70 (0.00%) | - | 11 Dec, 2025 |
| 10 Dec, 2025 | 70 | ₹0 | - | ₹ (%) | - | 10 Dec, 2025 |
Disclaimer: GMP is an unofficial signal from grey-market dealers and is not regulated by SEBI. Use it alongside subscription data and other research for informed decision-making.
How to Apply for Shyam Dhani Industries IPO
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Go to IPO Section
Find Shyam Dhani Industries IPO under the IPO section. Select it and enter your bid details — choose lot size and price (cut-off price recommended).
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Application Confirmed
Your funds will be blocked in your account until the IPO allotment process is completed.